Tag Archives: sales

U.S. Retail Sales rose by 0.6% on a monthly basis in June, reaching a total of $720.1 billion, according to the U.S. Census Bureau’s report released on Thursday. This increase came after a 0.9% decrease in May and surpassed market expectations, which had forecast a more modest 0.1% rise. On …

The UK services sector saw its fastest expansion in nearly a year in June, according to the latest data released by S&P Global. The Services Purchasing Managers Index (PMI) climbed to 52.8, up from 50.9 in May, signaling robust growth in the sector. This positive reading not only exceeded the …

UK house prices dropped by 0.8% in June, marking the biggest monthly decline in more than two years, according to data from mortgage lender Nationwide. This drop was sharper than the forecasted 0.2% increase, highlighting a cooling in the housing market. The decline is attributed to the ending of a …

Retail sales in the UK faced a significant downturn in June, as the latest survey by the Confederation of British Industry (CBI) revealed a deeper contraction in sales activity compared to May. The CBI’s monthly retail sales gauge, which compares sales figures to those from the same time last year, …

U.K. retail sales unexpectedly rose in March, surprising economists and offering a rare bright spot amid growing concerns over the impact of U.S. President Donald Trump’s aggressive trade policy on global sentiment. According to data from the Office for National Statistics (ONS) released Friday: Retail sales rose 0.4% month-on-month in …

Britain’s economy experienced an unexpected contraction in September, with growth nearly stagnating over the third quarter, dealing an early challenge to finance minister Rachel Reeves’ ambitions for a sustained economic boost. According to data from the Office for National Statistics, Gross Domestic Product (GDP) declined by 0.1% in September, as …

British public borrowing in the first six months of the tax year exceeded official forecasts, posing a challenge for Finance Minister Rachel Reeves ahead of her first budget next week. Borrowing totaled £79.6 billion ($103.5 billion) from April to September, nearly £7 billion higher than projections made by the Office …

British retail sales rose by a stronger-than-expected 1% in August, driven by warmer weather and end-of-season sales, according to official data released by the Office for National Statistics (ONS) on Friday. This marks a significant improvement over economists’ expectations of a 0.4% rise, as forecasted by a Reuters poll. The …

American Airlines has slashed its profit forecast for the year due to a backfired sales plan and an industry-wide glut of flights. The carrier’s profit fell 46% during the second quarter, even though revenues rose. The company expects to earn an adjusted 70 cents to $1.30 per share this year, …

Nike shares declined in early Friday trading, setting up the stock for a loss of around $21 billion. The world’s biggest sportswear group issued gloomy near-term sales forecasts that could test investor patience for its ongoing turnaround strategy. Nike launched a $2 billion cost-cutting plan last year under CEO John …